The other main source of revenue for a bank is fee income, or called ______ income.
A．interest
B．commission
C．service
D．net
Which of the following is not the purpose of equity capital?A．Providing a permanent source of revenue.B．Bearing risks and absorbing losses.C．Disclosing reserves.D．Facilitating further growth.
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The bank who opens the L/C is called ( ) .A. issuing bankB. notifying bankC. establishing bankD. paying bank
What is called correspondent banking?A．The bank which provides additional banking services.B．The provision of banking services to other banks.C．The particular ancillary services provided to foreign countries.D．The bank issuing credit cards.
From the functional income statement we can see clearly the total revenue, total cost and the gross profit etc.A．RightB．WrongC．Doesn't say
The main liability on a bank balance sheet is ______.A．depositsB．capital and reservesC．loans and overdraftsD．cash
The correspondent bank can only make money for its services to other banks from deposit balances maintained by bank customers.A．RightB．WrongC．Doesn't say
In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.What is the correct treatment of the estate income for individual income tax purposes?A.The estate income is not taxableB.The estate income will be taxed as occasional (ad hoc) incomeC.The estate income will be taxed as other incomeD.The estate income will be taxed as service income
